Independent research on the U.S. markets, Baptista Research

Baptista Research

Baptista Research is an independent financial research house focused on the U.S. markets. We provide equity research as well as credit research reports on the top-listed U.S. companies with most of our focus on technology, consumer goods and services, automobiles, industrials, oil and gas, pharma, and healthcare. Our research has served more than 3000 institutional investors including mutual funds, hedge funds, banks, family offices, and various buy-side firms. 

We operate a research subscription service where institutions, as well as retail investors, can have priority access to all our research. We also have a wide distribution of our research reports across some of the top global financial platforms. Apart from equity research and credit research, we also provide advisory services with respect to mergers & acquisitions (M&A), private equity/ venture capital fundraising, valuation reports, and investment management services for corporates.
Baptista Research is owned and managed by Ishan Majumdar, an ex-Venture Capitalist/ Investment Banker, a Chartered Accountant, and a Masters’ degree holder in Management from HEC Paris. Ishan has nearly a decade of experience in Mergers and Acquisitions, Leveraged Buyouts (LBOs), Venture Capital Investing, Corporate Strategy, and Valuation in front-office roles at the likes of BNP Paribas CIB, Credit Agricole CIB, Groupe Danone, and TIW Private Equity. He has worked on and closed multiple acquisition deals, leveraged buyouts, and start-up investment transactions.

Independent research on the U.S. markets

Baptista Research is an independent financial research house focused on the U.S. markets. We provide equity research as well as credit research reports on the top-listed U.S. companies with most of our focus on technology, consumer goods and services, automobiles, industrials, oil and gas, pharma, and healthcare. Our research has served more than 3000 institutional investors including mutual funds, hedge funds, banks, family offices, and various buy-side firms. We operate a research subscription service where institutions, as well as retail investors, can have priority access to all our research. We also have a wide distribution of our research reports across some of the top global financial platforms. Apart from equity research and credit research, we also provide advisory services with respect to mergers & acquisitions (M&A), private equity/ venture capital fundraising, valuation reports, and investment management services for corporates.
Baptista Research is owned and managed by Ishan Majumdar, an ex-Venture Capitalist/ Investment Banker, a Chartered Accountant, and a Masters’ degree holder in Management from HEC Paris. Ishan has nearly a decade of experience in Mergers and Acquisitions, Leveraged Buyouts (LBOs), Venture Capital Investing, Corporate Strategy, and Valuation in front-office roles at the likes of BNP Paribas CIB, Credit Agricole CIB, Groupe Danone, and TIW Private Equity. He has worked on and closed multiple acquisition deals, leveraged buyouts, and start-up investment transactions.

Equity Bottom-Up

<ul><li>MetLife, Inc. reported its fourth quarter and full year 2025 results emphasizing continued progress under its New Frontier strategic plan focused on growth, capital discipline, operational efficiency, and enhanced shareholder returns.</li><li>For the full year, adjusted earnings per share (EPS) rose approximately 10% to $8.89 (excluding notable items), with a fourth quarter adjusted EPS of $2.58, up 24% year-over-year—the highest quarterly EPS reported by the company to date.</li><li>Adjusted return on equity (ROE) reached 16%, and the direct expense ratio was lowered to 11.7%, surpassing the targeted efficiency goals supported by initiatives including AI adoption.</li></ul>

MetLife, Inc. reported its fourth quarter and full year 2025 results emphasizing continued progress under its New Frontier strategic plan focused on growth, capital discipline, operational efficiency, and enhanced shareholder returns.For the full year, adjusted earnings per share (EPS) rose approximately 10% to $8.89 (excluding notable items), with a fourth quarter adjusted EPS of $2.58, up 24% year-over-year—the highest quarterly EPS reported by the company to date.Adjusted return on equity (ROE) reached 16%, and the direct expense ratio was lowered to 11.7%, surpassing the targeted efficiency goals supported by initiatives including AI adoption.

MetLife’s Earnings Engine Is Diversifying—But Which Segment Will Lead the Next Phase?

Metlife Inc

MetLife’s Earnings Engine Is Diversifying—But Which Segment Will Lead the Next Phase?